from WallStForMainSt
The Federal Reserve could find itself fighting too-low inflation for years to come, San Francisco Federal Reserve President Mary Daly said on Friday, and may need a new policy framework to lift inflation back up to the Fed’s 2% goal.
Fed may need new approach to boost inflation, Daly says https://www.reuters.com/article/us-us…
Powell says changes to Fed’s inflation-fighting framework will be meaningful. More people at the Fed want a 4% annual inflation target! YIKES!!! https://www.marketwatch.com/story/pow…
Fed’s preferred inflation gauge showed prices rising by just 1.3% in October compared with a year earlier.
The preferred measure by the Federal Reserve of core inflation in the United States is the change in the core personal consumption expenditures price index (PCE). This index is based on a dynamic consumption basket.
Fed’s Definition of Core Inflation:
1) Core Inflation: https://en.wikipedia.org/wiki/Core_in…
2) PCE Inflation, How It Is Calculated, and Why the Fed Prefers It https://www.thebalance.com/pce-inflat…
Track the real inflation rate here as measured by the Chapwood Inflation Index: https://chapwoodindex.com/
Gundlach Gives Fed Chief a C-Minus: He’s ‘an NFL Coach After Losing a Game’ https://moneyandmarkets.com/jeffrey-g…
Trump Pushes Fed to Slash Rates, Boost Economy https://www.newsmax.com/economy/trump…
Federal Reserve leaves rates unchanged, hints no moves next year https://www.chicagotribune.com/busine…
Fed Chair Powell says he would want to see persistent rise in inflation before hiking rates again https://www.cnbc.com/2019/12/11/fed-c…
Peter Schiff: Jerome Powell Is Resurrecting the Inflation Monster Paul Volcker Slayed https://schiffgold.com/peters-podcast…
Fed Chairman Wants U.S. Consumers to Pay Significantly Higher Prices https://thedailycoin.org/2019/12/13/f…
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